Old Oaks (TN)

Key facts from Old Oaks (TN)'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Old Oaks

Developer / declarant

Walker & Walker Enterprises, LLC.

Assessments & dues

Initially $150 per Lot per month until December 31, 2006; thereafter fixed by Board (Article VI, Section 11 (page 15))

Special assessments

Allowed with assent of Members representing 2/3 of total eligible votes; meeting notice 10 to 30 days in advance. (Article VI, Section 3 (page 12))

Collections & liens

Unpaid assessment becomes a continuing lien on the Lot; Association may foreclose after 21 days advertising by three weekly publications; sale subordinate to prior mortgages; power of sale granted. (Article VI, Section 5 (pages 13-14))

Reserves & fees

Cost of funding all reserves established by Association, including general operating reserve and reserve for replacements. (Article VI, Section 2(d) (page 11))

Pets

Dogs, cats or other household pets may be kept, not for commercial purpose. (Article VIII, Section 2(d) (page 21))

Fences

All fences in front or facing private road require ARC approval. Privacy fences generally not allowed on property line. No fence within 25 ft of private drive pavement. Specific alignment for Lot 13 south fence. (Article VIII, Section 2(s) (page 25))

Architectural approval

All clearing, grading, structures, alterations, additions, landscaping changes require prior review and written consent of Architectural Control Committee. (Article VII, Section 2 (pages 16-17))

Home business

Office in home used solely by occupant(s) of the home is not prohibited. (Article VIII, Section 2(f) (page 22))

Signs & flags

One 'For Sale' or 'For Rent' sign not more than 5 sq ft per Lot; contractor/architect sign not more than 5 sq ft must be removed within 30 days after occupancy. No other advertising signs except by Declarant during sales period. (Article VIII, Section 2(f) (page 22))

Setbacks / home size

Front yard setback from private road: 60 ft (Lot 7: 100 ft). Side yard: 25 ft. Rear: 30 ft for main structure, 25 ft for garage/outbuildings. Lots 1 and 15 from Monterey Road: 60 ft. Declarant/ARC may modify setbacks under certain circumsta (Article VIII, Section 3 (page 27-28))

Maintenance

Association responsible for private roads, medians, islands, culverts, headwalls, retaining walls, entrance structures, irrigation, lighting, landscaping at entrance and Common Areas, fence along Monterey Road, and gate system. Owners respo (Article V, Section 1 and Section 2 (page)

Insurance

Association shall obtain insurance for all insurable common private improvements, including public liability policy with at least $1,000,000 single person limit for bodily injury and property damage, $1,000,000 per occurrence, and $500,000 (Article X, Section 1 (pages 28-29))

Use restrictions

All Lots shall be used exclusively for private residential purposes. (Article VIII, Section 1 (page 20))

Voting & meetings

Each Lot Owner gets 1 vote per Lot owned; Developer gets 3 votes per Lot for first 5 years, then 1 vote per Lot (Article III, Section 2 (page 7))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.